Middle market CLO issuance accelerates

increase volumes graph profit fotolia
By David Bell
04 Apr 2018

US middle market CLO volumes are running ahead of the levels achieved in what was a record year for the market in 2017, said Wells Fargo on Wednesday.

Three new deals last week took year to date volumes to $3.8bn, wrote Wells Fargo analyst McKenzie Miller on Wednesday.

On a year to date basis, middle market issuance is 144% ahead of last year, according to Miller. Last year was a record one for US middle market ...

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